The Project
December 17, 2021


The development project is progressing. The detailed architectural plans for the townhouses have been sighted and reviewed. They are looking very good.

As you will have seen in the media, we can expect progress on resource consent to be a little slower than we had hoped, but all indications to date are that it will be favourable.

The Project Team and the Management Committee are well aware of the changes in the financial climate and the slowdown in the housing market.

The current advice is that quality developments on a premium site such as ours remain very easily saleable and that a profit will be achieved.